Innoviti has raised ₹104 Cr in a Series M funding round led by Bessemer Venture Partners and Arihant Patni to reduce debts and enhance product development.
Fintech startup Innoviti has successfully closed its Series M funding round at ₹104 Cr. This capital will be utilized to pay off outstanding debts and strengthen its sales and distribution efforts. Key investors include Bessemer Venture Partners and Arihant Patni. Innoviti continues to enhance operational efficiency as it prepares for its expected IPO.
Company Information
Company
Innoviti
Location
Bengaluru, Karnataka, India
About
Innoviti Technologies is a payment gateway and point-of-sale (PoS) provider based in Bengaluru, India. The company offers solutions for online and card-based payments, serving over 20,000 merchants and more than 2,000 localities.
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